"It may be true that HTC may have agreed to pay 300 billion won (£173 million) to Apple, but we don't intend to [negotiate] at all," he told the Yonhap News Agency.

Apple scored a $1.05bn (£665m) court victory over Samsung in the US in August, but both sides have landed blows in other territories. The Cupertino firm was ordered to run an apology on its website after unsuccessfully suing its rival in the UK.

Full details of HTC's settlement with Apple were not disclosed, but analysts have speculated that the Taiwanese firm will have to fork out up to $280 million a year as part of the deal.